€ 1 500 000

€ 6 024 / sqm

+ VAT

From January 13, 2014 the VAT rate in Cyprus is 19%. However, buyers can purchase a new property with a reduced VAT rate of 5% under the following conditions:

The purchase is made by an individual, not a legal entity.
The buyer is not going to rent out the acquired property.
This will be a primary residence in Cyprus for the buyer, and they do not have any other property in Cyprus acquired with the reduced VAT rate within the last 10 years.

A reduced VAT rate of only 5% is applied to the first 200 m². The remaining area over 200 m² is subject to a 19% tax. These rules only apply to buyers of new developments, while for secondary real estate, VAT is 0%

5 bedrooms Apartment in Paphos, Cyprus No. 46547

Bedrooms

Bathrooms

249 sq.m.

Square

Parameters

Property Description

This residential offering consists of two residences located in the Old Centre of Paphos. The properties enjoy unobstructed sea views, providing an open outlook and a strong connection to the surrounding coastal environment. The limited number of residences enhances exclusivity while highlighting the unique positioning within one of the city’s established areas.

The main features of the project and the units:
• 2 residences
• Location in the Old Centre of Paphos
• Unobstructed sea views

The project has an EPC certificate with “A” energy efficiency rating.